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2015 Indiana Code
TITLE 32. PROPERTY
ARTICLE 20. MARKETABLE TITLE FOR REAL PROPERTY
CHAPTER 1. PURPOSE AND APPLICATION


Download as PDF IC 32-20 ARTICLE 20. MARKETABLE TITLE FOR REAL PROPERTY IC 32-20-1 Chapter 1. Purpose and Application IC 32-20-1-1 Construction of law Sec. 1. (a) This article shall be liberally construed to effect the legislative purpose of simplifying and facilitating land title transactions by allowing persons to rely on a record chain of title as described in IC 32-20-3-1, subject only to the limitations that are described in IC 32-20-3-2. (b) However, this article does not change the law affecting the capacity to own land of a person claiming a marketable record title under this article. As added by P.L.2-2002, SEC.5. IC 32-20-1-2 Limitation of actions; recording instruments Sec. 2. This article may not be construed to do the following: (1) Extend the period to bring an action or to do any other required act under any statutes of limitations. (2) Except as specifically provided in this article, affect the operation of any statutes governing the effect of the recording or the failure to record any instrument affecting land. As added by P.L.2-2002, SEC.5. Indiana Code 2015

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